China’s annual “Singles Day” sales extravaganza, pioneered by tech giant Alibaba, is facing challenges this year as the world’s second-largest economy experiences a slowdown. Despite the flashy deals and discounts that have become a trademark of this event, consumers seem largely unswayed. A recent survey conducted by consultancy firm Bain reveals that 77 percent of
Technology
Deep neural networks (DNNs) have revolutionized data analysis and present immense promise for scientific research across various fields. Recent studies at the Massachusetts Institute of Technology (MIT) have focused on the neural scaling behavior of DNN-based models used to generate advantageous chemical compositions and learn interatomic potentials. This article delves into their groundbreaking research and
Samsung Electronics, the South Korean smartphone giant, has announced its plans to launch a real-time translation service on calls using AI technology. This forthcoming feature will be incorporated into Samsung’s new Galaxy flagship model, set for an early next year release. With Samsung being the world’s largest smartphone maker, accounting for a fifth of global
Wearable body-sensing technology has come a long way since its inception. From mapping oceans to detecting enemy submarines and finding sunken ships, sonar technology has evolved into a miniature form that is now revolutionizing the wearable technology industry. Cornell researchers have developed PoseSonic, a sonar-equipped wearable that can track upper body movements in 3D using
The war in Ukraine has not only marked a significant milestone as the largest European land war since World War II, but it has also been the battleground for a new type of warfare fought in cyberspace. The conflict between technologically advanced countries has brought to the forefront the critical role of technology and information
Big tech companies, such as Meta (formerly Facebook) and Google, have announced their collaboration in a groundbreaking program aimed at combatting online child sexual abuse and exploitation. This initiative, called Lantern, is a significant step forward in addressing the urgent issue of child victimization on the internet. Regulators are increasingly concerned about the safety of
Britain’s aviation regulator, the UK Civil Aviation Authority (CAA), has recently granted Virgin Atlantic a permit for an unprecedented transatlantic flight powered entirely by sustainable aviation fuels (SAF). This landmark achievement, which is scheduled for November 28th, marks a significant step towards decarbonizing the aviation industry. The request for the permit was supported by a
Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, recently announced his latest venture in the field of artificial intelligence (AI) – the “Grok” tool. This cutting-edge technology, which Musk refers to as “a massive advantage over other models,” is set to transform the way we interact with AI systems. Initially, Grok will be exclusively
Cryptocurrency enthusiasts are cautiously optimistic following the recent conviction of Sam Bankman-Fried, once revered as the industry’s golden boy. This landmark verdict, consisting of seven charges including fraud, money laundering, and conspiracy, has brought hope that the sector can finally move past the dark shadow of a multibillion-dollar scandal. With the countdown to Bankman-Fried’s sentencing
The recent nuclear wastewater discharge from Japan has reignited concerns over marine pollution, particularly oil pollution. Oil pollution, a significant threat to marine ecosystems, stems from various sources such as ship spills, offshore drilling, and leaks from oil pipelines. Devastating consequences include smothered fish, seabirds coated with oil, and disrupted photosynthesis in aquatic plants. Additionally,
New insights are emerging from a groundbreaking study in Management Science that sheds light on the relationship between work experience and the effectiveness of employees collaborating with artificial intelligence (AI). The research, titled “Friend or Foe? Teaming Between Artificial Intelligence and Workers with Variation in Experience,” explores how two distinct types of work experience, namely
DoorDash, the San Francisco-based food delivery company, announced impressive third-quarter sales figures, surpassing expectations and indicating strong growth. The company reported a 24% increase in total orders, reaching 543 million in the July to September period, outperforming the projected 521 million orders anticipated by Wall Street analysts. Additionally, DoorDash’s revenue experienced a notable surge of
Artificial intelligence (AI) has been revolutionizing various industries, from self-driving cars to content creation and medicine. However, one major challenge in developing AI models is the presence of data biases, which can lead to inaccurate results. Professor Sang-hyun Park and his research team at Daegu Gyeongbuk Institute of Science and Technology (DGIST) have made a
In today’s technologically advanced world, software is becoming increasingly complex, making it harder to ensure its correctness and security using traditional testing techniques. The need for reliable and secure software is particularly critical with the rise of generative AI techniques, such as ChatGPT, which automatically generate programs. To ensure the correctness of these programs, formal
The recent announcement of a preliminary labor contract agreement between Stellantis and the United Auto Workers (UAW) union marks a significant milestone in the ongoing battle for worker rights in the American automotive industry. After 44 days of strike action that simultaneously targeted Detroit’s “Big Three” automakers, the UAW has achieved a tentative deal that
